FEIN names new president and CEO

FEIN US has acquired Attila Madarasz as their new President and CEO in charge of all US operations. Mr. Madarasz brings experience from his previous roles with Desoutter Tools and Atlas Copco.

Mr. Madarasz has great sales expertise coupled with an outstanding understanding of the power tool market. He is a graduate of Elon University - Martha and Spencer Love School of Business, and has more than 20 years of experience working in global business development and sales of retail and industrial based products.

Attila is a welcome and very competent addition to the FEIN team, and brings with him great experience, proven market growth results and an excellent understanding of the industry on a global scale.

C. & E. Fein GmbH invented the world’s first power tool. Wilhelm Emil Fein founded the company in 1867. FEIN invented the first power tool – the electric hand drill – in 1895. Today this long-established company is a power tool manufacturer with an international reputation. This first-class German manufacturer develops and produces application solutions for the metalworking, interior construction, and automotive sectors and is the specialist for professional and extremely reliable power tools for industry and trades.

FEIN holds more than 800 active property rights including approximately 500 patents and patent applications. FEIN products are distributed worldwide through 19 international subsidiaries and more than 50 agents. For over 140 years, the FEIN brand has stood for application solutions and premium quality. www.feinus.com

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